Monthly Minimum Amount definition
Examples of Monthly Minimum Amount in a sentence
For the additional avoidance of doubt, business purpose Loan Accounts and Lending Club Access Loan Accounts are not included in the calculation of whether the Monthly Minimum Amount is reached in a given month, and there is no minimum monthly payment with respect to business purpose Loan Accounts or Lending Club Access Loans.
In the event that the total monthly Advances do not meet the Monthly Minimum Amount the Company may deliver to the Investor an additional Advance Notice (the "ADDITIONAL ADVANCE NOTICE") in order to meet the Monthly Minimum Amount.
Under the Power Purchase Agreement, DPP shall purchase and pay the electric power sold by PT KP at the Monthly Minimum Amount.
The Monthly Minimum Amount under the INS Contract is initially $1,140,650.
Notwithstanding anything to the contrary in the foregoing, Reseller's aggregate monthly charge for the Dial-Up Services shall be equal the greater of (i) the aggregate combined charges for the Local Dial-Up Service and the Toll Free Dial-Up Service as determined above, or (ii) the monthly minimum amount ("Monthly Minimum Amount") corresponding to the applicable billing cycle set forth in the following table.